Apples, you could be right. Avg volume for CNP is 10mil. Looks like CBA is out, but I wonder why they are selling? Do they know the 30Sept outcome? If Centro knows there is bad news they shouldn't be trading. my wild guess is,
1. Colonial funds mgmt and CBA lending arm have no communication.
2. Re balancing portfolio, which has been going on for past few months.
3. Releasing funds to take advantage of beaten down stocks.
4. Some one in their fund mgmt pressed the wring sell order.
could be anything, we will know next week.
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